Mexico’s Fox Says Next 3 Years Will Be Best of Pena Nieto’s Term

Former Mexican President Vicente Fox said the outlook for Latin America’s second-largest economy is picking up and that drug-related violence is easing.

Paraguay Looking to Emulate Bolivia With First Dollar Bond Sale

Paraguay, the only Latin American economy set to contract this year, plans to issue the first dollar bonds in its two-century history in the first quarter of 2013 to tap booming global demand for higher yielding debt.